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Showing 5511 - 5520 of 6252 results for "December 29"

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 17 MAY 2006
Today's Australian Bureau of Statistics (ABS) Labour Price Index report indicates that little upward pressure on inflation from wages. The wage price index (WPI) rose by 0.9 per cent in the March quarter and 4 per cent over the year. These are less ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 12 MAY 2006
The Australian Bureau of Statistics (ABS) released figures showing that the total value of dwelling finance commitments rose by 1.2 per cent in March. While the figures provide a positive connotation for the housing market, these have lost their relevance ...

Legg Mason rebrands Citigroup AM as ClearBridge Advisors

Legg Mason has renamed the former Citigroup Asset Management US Equity Group, which it acquired from Citigroup in December last year, to Clearbridge Advisors. ClearBridge Advisors' chief executive, Brian Posner, said that the renaming is part of a wider ...

Quadrant gets ready as baby boomers cash in super

Tasmanian-based industry fund Quadrant has reshaped its operations in the lead up to its predominantly 'baby boomer' members entering the retirement phase in the next few years. Chief executive officer, Wayne Davy, said that the fund, which was previously ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 28 APR 2006
In an unexpected move, the Peoples Bank of China increased its one year lending rate to 5.85 per cent - the first increase since October 2004 - from 5.58 per cent. Undoubtedly the move was taken in order to cool China's overheating economy. Chinese ...

Daily economic update

A sharp increase in durable goods orders in March affirms expectations of a strong first quarter US GDP growth. US durable goods orders rose by 6.1 per cent in March - the biggest increase in 10 months - following a 3.4 per cent rise in the previous ...

Maple-Brown Abbott launches new Asian investment

KATE HAGE  |  WEDNESDAY, 26 APR 2006
Maple-Brown Abbott has announced it will expand its horizons towards more offshore investment, with a 20 per cent allocation to Asia ex-Japan built into its new fund. Maple-Brown Abbott managing director, John Kightley, said the Australia Plus Asia ...

ESS picks up new CEO from JUST SUPER

HAMISH MADDEN  |  WEDNESDAY, 19 APR 2006
Emergency Services Superannuation (ESS) has announced the appointment of JUST SUPER chief executive officer David Atkin to head the organisation. Atkin will leave his post at JUST SUPER for his new role next month. Meanwhile, Gerard Noonan, chairman ...

ASIC shadow shopping: the good, the bad and the ugly

The much-anticipated shadow shopping survey conducted by ASIC post-choice has revealed that around 80 per cent of financial advisers gave 'reasonable advice' or better, but an unacceptably high 20 per cent made consumers worse-off. And that is just ...

Tax cuts will trigger rates hike: Economists

KATE HAGE  |  WEDNESDAY, 5 APR 2006
The Reserve Bank of Australia (RBA) left interest rates on hold for the 13th month in a row, but Access Economics tips that rates will go north following any possible tax cuts in in May's budget announcement. Access Economics director, Chris Richardson ...